Over 50s Life Insurance

What Do I Need To Consider?

• The policy value is fixed and is not inflation-protected. Inflation may, over time, reduce the value of the policy benefits. This means that it may be worth less, in real terms, when you die.
• This is not a savings or investment product and has no cash-in value at any time.
• Depending on your age when you die, the total amount paid in premiums may be more than the Cash Benefit payable on death.
• If you miss a Monthly Premium for more than 2 months, you will no longer be allowed to pay into your Policy and your Policy will end with no value unless you have made more than 5 years’ worth of Monthly Premiums. If you have made more than 5 years’ worth of Monthly Premiums, your estate will receive a Reduced Cash Benefit in the event of your death.
• Within the first 2 years you will receive your full Cash Benefit only in the event of accidental death, otherwise your next of kin will receive a return of Monthly Premiums.

Click here to see Terms and Conditions.